Monday, 19 January 2015

MARKETS
Call  : Seen opening above repo rate on demand from banks to meet mandatory requirements. 1-day call: 8.00-8.10% vs 7.75-8.00% Monday.

Bonds : To take opening cues from crude price, US treasury yields. Value-buying may support prices. 10-year bond yield: 7.69-7.73% vs 7.72% Monday.

Rupee : To open up as banks may sell dollars anticipating FII inflows. Asian, NDF rates, eyed. Range: 61.4500-61.9000/$1 vs 61.7100/$1 Monday.

Stocks: Seen moving in a narrow range; Oct-Dec earnings eyed. range: 8480-8580, Monday-end: 8550.70, up 36.90 points.

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